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Analysts Have Conflicting Sentiments on These Technology Companies: BigCommerce Holdings (BIGC), Super Micro Computer (SMCI) and NICE (NICE)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on BigCommerce Holdings (BIGCResearch Report), Super Micro Computer (SMCIResearch Report) and NICE (NICEResearch Report).

BigCommerce Holdings (BIGC)

In a report released yesterday, Raimo Lenschow from Barclays assigned a Hold rating to BigCommerce Holdings, with a price target of $10.00. The company’s shares closed last Thursday at $8.25.

According to TipRanks.com, Lenschow is a 4-star analyst with an average return of 5.7% and a 54.3% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, DoubleVerify Holdings, and DigitalOcean Holdings.

Currently, the analyst consensus on BigCommerce Holdings is a Hold with an average price target of $11.92, a 34.5% upside from current levels. In a report released yesterday, William Blair also maintained a Hold rating on the stock.

See the top stocks recommended by analysts >>

Super Micro Computer (SMCI)

Barclays analyst George Wang CFA maintained a Buy rating on Super Micro Computer yesterday and set a price target of $961.00. The company’s shares closed last Thursday at $975.52, close to its 52-week high of $1077.87.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 37.2% and a 76.3% success rate. CFA covers the Technology sector, focusing on stocks such as TD SYNNEX Corporation, Corsair Gaming, and Logitech.

Currently, the analyst consensus on Super Micro Computer is a Moderate Buy with an average price target of $809.50, implying a -6.4% downside from current levels. In a report issued on February 15, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $1040.00 price target.

NICE (NICE)

Barclays analyst Tavy Rosner assigned a Buy rating to NICE yesterday and set a price target of $320.00. The company’s shares closed last Thursday at $245.50, close to its 52-week high of $253.00.

According to TipRanks.com, Rosner is a 4-star analyst with an average return of 8.5% and a 52.0% success rate. Rosner covers the Technology sector, focusing on stocks such as Radware, Sapiens, and Amdocs.

Currently, the analyst consensus on NICE is a Strong Buy with an average price target of $280.11, implying a 17.0% upside from current levels. In a report issued on February 21, Citi also maintained a Buy rating on the stock with a $334.00 price target.

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